Job Description
About Enterprise Global Services
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
In this role, you will:
• Require understanding of the model risk supervisory guidance, Model Risk Management policy and current industry best-practices.
• Support model identification, risk rank assessment, documentation, controls assessment, findings management and model risk reporting
• Contribute to the ongoing development of the model and tools risk program policies, procedures, and job aids
• Coordinate implementation and maintenance of requirements and controls
• Support the continued development and implementation of model and tool risk processes throughout Wealth & Investment Management (WIM)
• Identify opportunities for process and risk mitigation enhancements
• Provide risk management expertise and issue resolution guidance for model and tool activities
• Build and maintain effective working relationships with WIM Model Governance, Model Owners, and Model Program team members
• Assist in the preparation of weekly status and monthly Confirmation metrics for dashboard reporting.
Desired Qualifications:
• University degree in Business or related discipline
• CFA or any related certification will be preferred
• Overall 6+ years of experience with minimum 1+ years of experience on Models
• Excellent communication skills along with ability to express conceptual knowledge with clarity, building and maintaining partnerships, collaborating across lines of business as well as with corporate partners
• Experience in process review activity (QA/control testing or audit) will be preferred
• Good knowledge of model risk supervisory guidance and model validation requirements
• Technical or academic writing skills and experience
• Self-starter, ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Experience in producing work of highest quality within tight timelines, as well as creating, maintaining, and supporting processes subject to intense regulatory scrutiny
• Must be proficient in Microsoft Office including Advanced Excel but not limited to: Word, Excel, , PowerPoint
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, ****** orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
In this role, you will:
• Require understanding of the model risk supervisory guidance, Model Risk Management policy and current industry best-practices.
• Support model identification, risk rank assessment, documentation, controls assessment, findings management and model risk reporting
• Contribute to the ongoing development of the model and tools risk program policies, procedures, and job aids
• Coordinate implementation and maintenance of requirements and controls
• Support the continued development and implementation of model and tool risk processes throughout Wealth & Investment Management (WIM)
• Identify opportunities for process and risk mitigation enhancements
• Provide risk management expertise and issue resolution guidance for model and tool activities
• Build and maintain effective working relationships with WIM Model Governance, Model Owners, and Model Program team members
• Assist in the preparation of weekly status and monthly Confirmation metrics for dashboard reporting.
Desired Qualifications:
• University degree in Business or related discipline
• CFA or any related certification will be preferred
• Overall 6+ years of experience with minimum 1+ years of experience on Models
• Excellent communication skills along with ability to express conceptual knowledge with clarity, building and maintaining partnerships, collaborating across lines of business as well as with corporate partners
• Experience in process review activity (QA/control testing or audit) will be preferred
• Good knowledge of model risk supervisory guidance and model validation requirements
• Technical or academic writing skills and experience
• Self-starter, ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Experience in producing work of highest quality within tight timelines, as well as creating, maintaining, and supporting processes subject to intense regulatory scrutiny
• Must be proficient in Microsoft Office including Advanced Excel but not limited to: Word, Excel, , PowerPoint
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, ****** orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process
💡 Quick Summary
Seeking a career-building opportunity? The Operational Risk Quality Assurance position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
